- What Are The Odds Of Winning Big On A Slot Machine
- Best Odds On Slots
- Odds Of Winning On Slots
- What Are The Odds Of Winning On A Penny Slot Machine
Slot machines are more fun when you understand what’s going on with the game. If you don’t know what the slot machine symbols mean, and if you don’t know what it takes to get a winning combination, you might as well just play rocks scissors and paper with some stranger.
The purpose of this post is to take a detailed look at some of the inner workings of slot machines, especially as it relates to the slot machine symbols most commonly in use.
The traditions behind why slot machines use bar and fruit symbols are decades old, and the history of slot machines is fascinating all by itself.
That’s a ratio that compares the odds of winning with the amount you win. Over time, it represents the long-term average of how much money the casino will win from you on each bet. Most slot machines have a hit ratio of about 1 in 3 or 1 in 4. So it’s fair to see that on most slot machines, your odds of winning something are 3 to 1 or 2 to 1.
In this post, I explain what the different slot machine icons mean and why it matters to the average player.
1-What Does the Bar Symbol Mean on a Slot Machine?
Slot machines have been around since the 1890s. You’d find these early slot machine games in bars and taverns in cities like New York and San Francisco. When gambling became illegal, these businesses started giving away candy and chewing gum instead of money.
Imagine going into a bar today and putting money into a slot machine with the opportunity to win a free drink or a cigar.
That’s what gambling in a tavern was like in the 1890s.
What does the bar symbol mean?
Think about what it looks like.
It’s a rectangle, right?
My first guess would be that the bar symbol on a slot machine symbolized a candy bar, but that would be too big. After all, keep in mind that the idea was to have prizes that were small, like coins.
The bar symbols on slot machines represent sticks of chewing gum — specifically, BAR chewing gum. (It was a popular brand of the Bell-Fruit Gum Company at the time.) They were in color in those days, and different colors meant different flavors of gum.
Slot machine makers still use bar symbols out of tradition, even though I’ve never seen a slot machine game that offers gum as a prize.
2- What Do the Fruit Symbols Mean on a Slot Machine?
Just as the bar symbol meant you were going to win chewing gum, the various flavors of fruit-inspired candy were prizes you could win. Cherry symbols meant winning cherry-flavored candy.
Apples meant winning apple-flavored candy. Oranges and plums, well… They meant you won dragonfruit and huckleberry flavored candy.
Just kidding.
Obviously, the picture of the fruit in question represented the flavor of candy you won.
And, again, the reason these symbols are still in use have more to do with tradition than anything else. People are just used to seeing these symbols on these games.
3- How Many Different Symbols Are There on a Slot Machine?
An average slot machine game might have about 20 symbols on each reel. This does NOT imply that each symbol has a 1/20 probability of coming up on a spin, though.
Modern slot machines use a random number generator to determine their results. These are actually random — they’re not fixed or rigged in any way.
The casino makes its money because the prize schedule for a slot machine game pays prizes in such a way that the game is inherently profitable.
Think about it this way:
Suppose you played a casino game where you had a 1 in 600 probability of winning, but when you won, you only got a payout of 500 to 1.
Do you see how that would be profitable for the casino?
You’d lose $1 on 599 spins, but you’d win $500 on the one spin, for a net loss of $99.
Such a game would have a house edge of around 17%, on average.
The payouts on a slot machine game are more complicated than that, but it’s the same principle.
4- What Are the Odds of Winning on a Slot Machine?
Here’s the thing about slot machines:
You don’t know what the odds of winning are.
And, to an extent, the odds of winning are irrelevant. What you’re really concerned about is the payback percentage.
That’s a ratio that compares the odds of winning with the amount you win. Over time, it represents the long-term average of how much money the casino will win from you on each bet.
What Are The Odds Of Winning Big On A Slot Machine
Most slot machines have a hit ratio of about 1 in 3 or 1 in 4.
So it’s fair to see that on most slot machines, your odds of winning something are 3 to 1 or 2 to 1.
The problem is that the payouts aren’t commensurate with these odds of winning.
Also, slot machines pay off bets on an X for Y basis rather than an X to Y basis.
In blackjack, your payouts are in addition to what you risked. Bet $5 on a blackjack hand and win, and you get a 1 to 1 payout, or even money. You get your $5 bet back with $5 in winnings.
Gambling machines, though, pay back with odds on a 1 “for” 1 basis. Bet $5 on a spin of the slot machine reels, and you get $5 in winning in exchange for your $5 bet.
The machine acts like it’s a win, but the reality is that it’s a push.
This is also one of the reasons slot machines measure their odds using payback percentage rather than house edge.
When a slot machine game has a 90% payback percentage, it means that on average you get back 90% of each bet. Place a $5 bet, and you’ll get an average of $4.50 back over time — which means you’ll lose 50 cents per bet on average.
And that’s just the average including any jackpots you win. If you play in the short-term and don’t see a jackpot, you’ll usually see a lower payback percentage until you get some winnings and catch up.
5- Which Slot Machine Has the Best Payout?
How do you know which slot machine has the best payout?
The short answer to this question is easy enough:
You don’t.
You have NO WAY of knowing which machine has better payouts than the other machines. In fact, you can play an identical slot machine next to the one you started on and be facing a different payback percentage.
The casinos have no rhyme or reason in terms of where they place the higher and lower payout machines.
In the long run, it doesn’t even really matter. If you play a negative expectation game long enough — and slots are ALWAYS a negative expectation game — you’ll eventually lose all your money.
Stop worrying about which slot machine has the best payout.
Worry instead about how much fun you’re having — or not. If you don’t enjoy a specific game, move on to another game.
6- Why Are They Called “Slot” Machines?
They’re called slot machines because you put your money into a slot to play.
When they were first invented, slot machines only worked on a literal coin-in and coin-out basis.
Now, of course, most slot machines work by accepting bills and spitting out a piece of paper with the amount you’re owed on it.
But we haven’t changed the name of the games.
Also, it’s not called a slot machine in other countries, always. In the United Kingdom, they’re called fruit machines. In Australia, they’re called “pokies,” which is short for poker machines.
That last nomenclature comes from their original nature — the first slot machines, which predated the machines that gave away candy — used playing cards to produce random results instead of symbols on metal reels.
7- Who Invented the Slot Machine?
According to the Encyclopedia Brittanica, as well as many other legitimate sources, Charles Fey invented the first slot machines.
He born in Bavaria but was making his living as a mechanic in San Francisco when he invented slot machines in 1894. It didn’t take long for him to be doing so well that he started a factor to produce more slot machines.
The first 3-reel slot machine with machine-generated payouts in real money was invented in 1898, also by Charles Fey. The Liberty Bell, which most modern slot players would recognize as a real slot machine, came along in 1899 — another Fey invention.
There are only 4 Liberty Bell machines still extant.
Also, it didn’t take long for other companies, like the Mills Novelty Company, to steal Fey’s invention and start making money from their own versions of it.
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Finally
Those are the most accurate and concise answers to some of the most common questions about slot machines and their symbols on the internet.
What other questions do you have besides what do the symbols mean?
Leave me a note in the comments, and I’ll respond with an answer if I can.
Whilst many people decide which slot to play based on the theme, special features or promotional offers, the savvy gamblers steer towards slots with the highest RTP. The house edge of online slot machines can vary widely, and it stands to reason that the lower the house edge, the better your chances of winning.
| Top RTP Slots | RTP | Bet Limits | Free Spins | Paylines | Rows | Reels |
|---|---|---|---|---|---|---|
| Jack Hammer 2 | 97.10% | £0.50 – £250 | 10-20 | 99 | 3 | 15 |
| Simsalabim | 97.50% | £0.25 – £125 | Yes | 25 | 3 | 5 |
| Retro Reels Extreme Heat | 97.50% | £0.30 – £112.50 | Up to 20 | 30 | 3 | 5 |
| Devil’s Delight | 97.60% | £0.20 – £40 | Yes | 20 | 3 | 5 |
| Kings of Chicago | 97.80% | £0.05 – £50 | Up to 30 | 5 | 3 | 5 |
| Starmania | 97.87% | £0.10 – £20 | 10 | 10 | 3 | 5 |
| Blood Suckers | 98.00% | £0.25 – £50 | 10 | 25 | 3 | 5 |
| 1429 Uncharted Seas | 98.60% | £0.10 – £100 | 25 | 50 | 3 | 5 |
| Jackpot 6000 | 95.10 – 98.90% | £1 – £2 | No | 5 | 3 | 3 |
| Mega Joker | 99% | £1 – £5 | No | 5 | 3 | 3 |
Of course, you should keep in mind that only the best slot sites to win offer high payout games from which you can take advantage. The return to player percentage of a game is measured over thousands of game rounds, and it stands to reason that the higher the RTP, the better the deal for the player. With this in mind, I have decided to create a list of the 10 online slots with the highest RTP.
#10 Jack Hammer 2 (NetEnt) – 97.1% RTP
Jack Hammer 2 is the first of many NetEnt slots to make this top 10 list. This entertaining slot has a crime and adventure theme, captured in a comic book style. There are an impressive 99 bet lines in this game, providing plenty of opportunities to win. It also boasts a variety of interesting features that make the game exciting to play, whilst creating chances to win. The Sticky Win feature sees any winning symbol combinations held in place for a free re-spin, and they continue until no new wins are created. There is also a free spin feature, where you get up to 20 free plays, where all wins are doubled and extra wilds randomly land on the reels. Jack Hammer 2 has a player-friendly RTP of 97.1%
#9 Simsalabim (NetEnt) – 97.5% RTP
This magical themed slot recreates all the excitement of a magic show. The stage is set, with symbols such as a magician’s wand and top hat, a caged dove and a Houdini-style chained chest. The hypnotist is wild, helping to complete winning symbol combinations. When you play Simsalabim, keep your eyes peeled for 3 bunny rabbit symbols on the first 3 reels. These trigger the bonus game, where you pull rabbits from the hats to reveal cash prizes of up to 50500 coins. The slot also features a free spins round, which provides the potential for big wins thanks to the triple payouts. All these features combine to provide a great RTP of 97.5%.
#8 Retro Reels Extreme Heat (Microgaming) – 97.5% RTP
The RTP of 97.5% is one of the highest you will find in the Microgaming slots selection.Retro Reels Extreme Heat has an old-school feel, with symbols you’d expect to see on a classic fruit machine, including cherries, lemons, bells, bars and 7’s. At the same time as providing a retro feel, it includes many features which you’d expect from a modern video slot. There is a free spin bonus, where you can get up to 20 free plays with all wins doubled. There are also wild substitutions and scatter pays. A highlight is the innovative re-spin feature. After any spin, you can choose to spin just one reel, which allows increased chances of winning.
#7 Devil’s Delight (NetEnt) – 97.6% RTP
Unleash your inner devil in this NetEnt video slot. Set against a fiery backdrop and tombstones, the 5 reels are filled with symbols from the underworld.Devil’s Delight is packed full of exciting features that provide plenty of chances to stack up the wins. The devil wild expands to cover entire reels. Whilst the free spins bonus features win multipliers of up to x5. Yet the real highlight of the game is the unique Soul Reaper bonus game. Match the correct sin to each character their soul will be added to the Soul-O-Meter whilst you reap a coin prize. When the Soul-O-Meter is filled with 15 souls, the Sin Spins feature is activated. Here, you get 10 Sin Spins where you can pocket some juicy rewards. With so many cool features and a high RTP of 97.6%, this is one hell of a slot!
#6 Kings of Chicago (NetEnt) – 97.8% RTP
Kings of Chicago mixes the best elements of a video slot with classic poker. The game is played with a deck of cards, which is shuffled before each round. Unlike normal slot machines, where payouts are made for matching symbols across paylines, in this slot, you win if you have a poker hand on one of the five paylines. The game includes a joker, which substitutes for all cards. Plus, the scatter label can randomly appear on any card. Get 3 or more and free deals, the equivalent of free spins are triggered. You can bag up to 30 free deals in the special feature and all wins are doubled. This innovative slot machine provides a unique twist on what you expect from a video slot, and boasts an impressive RTP of 97.8%.
#5 Starmania (NextGen) – 97.87% RTP
With colourful star symbols set against a pretty outer space background and a spacey, ethereal soundtrack, this NextGen slot is a real treat for the senses. Wilds are stacked onto the reels boosting your shot at winning combinations. There is also a free games feature, where extra stacked wilds can help create some big wins. The game features 10 paylines and wins are paid in both directions. With every line win, you also have the option to gamble your prize, for a chance to double or even quadruple your win multiple times. The great graphics, exciting features and favourable RTP of 97.87% make Starmania a real hit with players.
#4 Blood Suckers (NetEnt) – 98% RTP
The vampire genre has never been more popular, and it is the inspiration for this spooky NetEnt slot. You’ll see various Blood Suckers adorning the reels, along with the weapons to fight them off. It is not merely the impressive 98% RTP that draws players to this slot, but also the rich selection of special features. There are wild substitutions, scatter pays, free spins with triple payouts and a vampire slaying bonus game. Trigger the bonus and you will find yourself in an ancient burial chamber, filled with coffins. Open the coffins to slay vampires, earning coin wins with each creature you defeat.
#3 1429 Uncharted Seas (Thunderkick) – 98.6% RTP
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This video slot from Thunderkick is visually stunning. The reels are replaced with a medieval style hand-drawn map and the symbols include a variety of sea creatures and beasts as well as sun, moon and star symbols. The slot includes a wild symbol which expands to cover entire reels, helping to create bigger wins. There is also a free spins bonus where you can earn up to 50 free goes. 1429 Unchartered Seas has a rewarding RTP of 98.6%, one of the highest you will find in a video slot, making it a popular choice with players.
#2 Jackpot 6000 (NetEnt) – Up to 98.8% RTP
Jackpot 6000 is a thrilling classic slot machine from NetEnt with a real old-school vibe. You can play with up to 5 paylines active, betting between 1 and 10 coins per spin. It is highly recommended to play with the maximum bet of 10 coins however, as this creates the possibility of triggering Supermeter mode. In this game mode, you can win a mystery prize of between 10 – 6000 coins when just 2 joker symbols land anywhere on the reels. Also, getting 3 jokers on a payline in Supermeter mode guarantees a jackpot payout of 6000 coins. When you play Jackpot 6000 with 1 – 8 coins, the RTP is a paltry 74.9% – 79.2%. Yet with 10 coins in play, the RTP ranges from 95.1% – 98.8%. The variance is because Supermeter mode is skill based, so you can directly impact the outcome.
#1 Mega Joker (NetEnt) – Up to 99% RTP
Whilst Jackpot 6000 boasts an extremely high RTP, it is just beaten to the top spot by another NetEnt classic slot; Mega Joker. Bet with just 1 coin and the RTP is an underwhelming 76.9%. Yet on the other hand, a max bet of 10 coins elevates the RTP to between 89.1% – 99%. Furthermore, it provides bigger payouts and the Supermeter mode. In Supermeter mode, you need to choose the bet level and the optimum level at which to collect your winnings. It is this element of skill which can increase the RTP. The skill component, retro style and engaging gameplay make Mega Joker a firm favourite with players.
Frequently Asked Questions
Because our goal is to keep you well informed we have put together a list of the most frequently asked questions and our team of experts has provided the answers below.
🏆 What are the best paying slots?
The best paying slots are the ones that feature a high RTP because that translates to a small house edge such as NetEnt’s Jack Hammer 2 slot or Simsalabim, with a return to player percentage of over 97%.
✍ How do I choose a good slot machine?
In choosing a good slot machine a player should look for high payouts, volatility and the features of the game itself. For example, you are bound to have a higher return on your investment while playing a slot with free spins and multipliers.
💱 What is the average payout on slot machines?
The average payout on slot machine varies among slots but you are going to find a higher return-to-player percentage in the recommended online casinos as compared to the traditional slot machines. Blood Suckers slot and 1429 Uncharted Seas slot have a very high RTP of over 98%.
🎰 What is a high variance slot machine?
High variance slots are destined for gamblers who are willing to play for huge wins.Kings of Chicago is a great example in that direction because it features not only a high RTP but also a high variance, which makes it ideal for our example. Flexible betting limits, free spins and a unique twist on slots as we know them are just a few perks of enjoying this title.
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